News

Scottish lawyers Brodies LLP have reported an 11.2 per cent increase in turnover to £57.94 million for the 12 months to 30 April 2015. During the past financial year, the firm continued to develop client services across its offices in Edinburgh, Glasgow and Aberdeen, increasing costs by 8.8 per cen

Perth-based energy giant SSE looks to remain defiant on maintaining its current price levels despite haemorrhaging 90,000 customer accounts over the last three months. Shares fell 4 per cent as the group also said that annual profits from its energy supply arm were likely to fall.

Dundee-based fund manager Alliance Trust has promised a raft of changes this autumn to help reverse a long-running slump in fortunes. The pledge came as the company dropped into the bottom quarter of funds based on performance.

A former Santander bank manager described as a “Walter Mitty” character has been jailed for almost two years for stealing almost £90,000 from the Dundee branch where he worked. Gordon Irvine, 33, from West Lothian, had been found guilty by a jury at Dundee Sheriff Court of embezzling £89,340 f

Ian Smith, operations manager at Central Investment and non-executive director Gillian Hasting. Aberdeen-based financial Advisory firm Central Investment has added two new senior appointments to its team.

Mortgage approvals in the UK were around 8 per cent higher in June than at the same time last year, after allowing for the effects of the change in mortgage rules, according to latest UK-wide figures. The British Bankers' Associations today published its High Street Banking Statistics for June 2015

Glasgow-based lender the Clydesdale Bank has backed the £1 million purchase of the city’s Italian Kitchen restaurant by restaurateurs Richard Laciok and Marco Mozzachiodi. The pair, who own the 120-cover Viva Ristorante in the city’s Bothwell Street, bought the restaurant in Ingram Street from

Edinburgh-based Royal Bank of Scotland is set to land around £625 million from its latest sell-off of unwanted loan portfolios. The sale of the assets, believed to be Irish property loans, is going to an entity funded by Deutsche Bank and funds affiliated with Apollo Global Management.

The average house price in Scotland could exceed a quarter of a million pounds by the end of the decade, economists have predicted. While house price growth has slowed across the UK over the past 12 months, the latest UK Economic Outlook from PricewaterhouseCoopers (PwC) predicts that prices in Scot

Gavin Hood Deloitte has announced the promotion of one of its partners to lead the firm’s advisory corporate finance practice in Scotland.

Reminova chief executive Dr Jeff Wright A Perth-based company which has developed a new dental device has launched an online crowdfunding campaign to raise £1 million in capital to take it to market.

Martin Gilbert, chief executive of Aberdeen Asset Management Aberdeen Asset Management had assets worth £307.3 billion under management at the end of June 2015, a slight decline on £330.6 billion at the end of March.

Lloyds Banking Group has been ordered to reveal legal advice it received in the run-up to its takeover of Scottish bank HBOS during the 2008 financial crisis. Mr Justice Nugee, in a pre-case hearing at the High Court in London, ruled in favour of the Lloyds Shareholder Action Group, who have demande

The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers. The bank is still looking into allegations that small firms were pushed into the Global Restructuring Group (GRG) in order for RBS to charge highe

Iberdrola chairman Ignacio Galán Scottish Power expects to pay a £150 million carbon tax bill this year, prompting Spanish owner Iberdrola to complain about the tax's impact on fuel prices.